Day 3 of R K SWAMY Limited’s IPO saw soaring subscriptions: QIBs at 20.58x, Non-Institutional at 34.36x, RIIs at 34.03x, leading to an impressive total subscription of 25.94 times.On Day 3 of the R K SWAMY Limited IPO, investor enthusiasm reached new heights. Qualified Institutional Buyers (QIBs) led the way with a robust subscription of 20.58 times. Both Non-Institutional Investors and Retail Individual Investors (RIIs) showed equally impressive engagement, subscribing 34.36 and 34.03 times respectively. This fervent interest culminated in a total subscription of 25.94 times, clearly reflecting the widespread confidence and strong demand for R K SWAMY Limited’s initial public offering.
R K Swamy Limited– Fundamental Analysis
R K Swamy has shown impressive financial growth over recent years, with a notable increase in revenue from ₹1,735.46 million to ₹2,926.13 million between 2021 and 2023. Profitability has surged, with post-tax profits rising from ₹30.77 million to ₹312.58 million. The Return on Net Worth improved significantly to 22.20%, and the Net Asset Value per equity share grew to ₹31.67. Additionally, Earnings per Share rose to ₹7.03, and the company reduced its debt equity ratio, showcasing a strong financial position.
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R K Swamy Limited – Risks And Challenges
R K Swamy Limited faces significant risks due to its dependence on key clients and certain sectors, making it vulnerable to economic downturns and reductions in advertising budgets. The company’s substantial reliance on digital operations, constituting over 78% of its revenue in 2023, also poses challenges amid rapid technological changes and stringent privacy regulations. Adapting to market shifts and client needs while maintaining compliance is essential for their financial stability and growth.
